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Jan 20, 2013
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economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. ♪ ♪ [ male announcer ] from our nation's networks... ♪ ♪ ...to our city streets... ♪ ♪ ...to skies around the world... ♪ ♪ ...northrop grumman's security solutions are invisibly at work, protecting people's lives... [ soldier ] move out! [ male announcer ] ...without their even knowing it. that's the value of performance. northr grumman. >> welcome back. if he would like to move up in your employme
economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters....
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Jan 17, 2013
01/13
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ thea27 >>> care takes of the mall are rushing to preserve the grass. huge crowds four years ago destroyed the grounds. starting tomorrow morning, the crews will be putting down thousands of plastic sheets over a 6 1/2 acres of the mall. the terra-plastic as it's called sits inches above the grab allowing light and water to pass through. the multimillion dollar project will take two days to complete. >>> locals and tourists alike are turning it into a vacation experience. some of the best hotels in town are offering luxury packages. jim handly took a tour, and found out if no money is an objects, the options are unlimited. >> reporter: it's not bo, and they're not secret service agents, but if you make the fairmont hotel your home, they come with the presidential detail package. >> the goal is to replicate the feel the first family is going through, being pampered, knowing you have deadlines, places to go, but doug it in s
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ thea27 >>> care takes of the mall are rushing to preserve the grass. huge crowds four years ago destroyed the grounds. starting tomorrow morning, the crews will be putting down thousands of plastic sheets over a 6 1/2 acres of the mall. the terra-plastic as it's called sits inches above the grab allowing light and water to pass through....
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Jan 18, 2013
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> right now at 11:00, snow is falling in parts of virginia. see what's coming in overnight here in d.c. >> lance armstrong admits to deep doping. >> yes or no, did you take banned substances to enhance your performance in psych snlg. >> yes. >> tonight, the cyclist talks about his reckless behavior and why he was a bully. >> plus, a teen girl reveals what she did to get away from a man who tried to kidnap her from the school bus stop. we begin tonight with the weather. our area dodged a bullet when it came to the snow. wind chills could be in the teens tonight. doug is here with the forecast. >> the snow has stayed well to the south. you look at the radar picture, it looks like we're looking at some rain and snow across portions of the region. but that's not it at all. this was the area i thought would see the most snow. upwards of four inches potent l potentially. if you look at the radar picture now, this is where we'
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> right now at 11:00, snow is falling in parts of virginia. see what's coming in overnight here in d.c. >> lance armstrong admits to deep doping. >> yes or no, did you take banned substances to enhance your performance in psych snlg. >> yes. >> tonight, the cyclist talks about his reckless behavior and why he was...
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Jan 18, 2013
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meantime, tim geithner says americans are too dark about the economy right now. the treasury secretary says the economy is in the final quarter of recovery from the financial crisis. geithner tells the "wall street journal" the u.s. was well ahead of other countries in balancing debt to income and cutting leverage in the financial system. >>> and here's another reason to be a little optimistic today. mortgage rates are falling back toward record rows. freddie mac says the average rate on a 30-year fixed loan dipped to 3.38% from 3.4% last week. the 30-year average of 3.6% in 2012 was the lowest annual average in 65 years! cheaper mortgages, of course, where a major reason the housing market has been bouncing back and why many economists believe the recovery will strengthen this year. >>> and finally, sony's selling its u.s. headquarters at 550 madison avenue for $1.1 billion. the building was constructed in the early 1980's by at&t. sony bought the building in 1992 for just $236 million. back to you. >> thank you, jackie. keith? >>> president obama released his o
meantime, tim geithner says americans are too dark about the economy right now. the treasury secretary says the economy is in the final quarter of recovery from the financial crisis. geithner tells the "wall street journal" the u.s. was well ahead of other countries in balancing debt to income and cutting leverage in the financial system. >>> and here's another reason to be a little optimistic today. mortgage rates are falling back toward record rows. freddie mac says the...
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Jan 18, 2013
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economy hostage and force drastic spending cuts. i'm steve handelsman, news4. >>> security is a big concern this inauguration. special forces arrived today to help with crowd control. with details on how security is being mustled up. >> you know when you see a jersey barrier like we have here, that obviously means don't go there, but they don't work well on the water. >> it's no secret or surprise that a presidential inauguration means changes on d.c. city streets. 6,000 troops are coming to -- they'll be highly visible. >> for that 48-hour period, the waterways will be closed to all recreational boating traffic. >> reporter: security officials say there's no specific maritime threat nor one on land, but all always they choose to air on the side of caution. >> we're helping to ensure the safety and security of the public. keeping a gulls eye view of the pa tom mac. >> we had a full shutdown for the entire two days of the inauguration. this time we're going to allow the vessels to operate, bakley water taxis and dinner boats, but the
economy hostage and force drastic spending cuts. i'm steve handelsman, news4. >>> security is a big concern this inauguration. special forces arrived today to help with crowd control. with details on how security is being mustled up. >> you know when you see a jersey barrier like we have here, that obviously means don't go there, but they don't work well on the water. >> it's no secret or surprise that a presidential inauguration means changes on d.c. city streets. 6,000...
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Jan 18, 2013
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> m: that anmore tonight on n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generators on
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> m: that anmore tonight on n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane...
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Jan 18, 2013
01/13
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economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> we've been looking for moderate g
economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond...
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Jan 18, 2013
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 18, 2013
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economy hostage because republicans want what they call drastic spending cuts in programs like medicare. and so whether this distracts from the inaugural or not, it's at least something the without first said was a negative and notice claims might actually bea positive. i'm steve handelsman, news4. >>> thanks, steve. starting tomorrow metro will begin selling special passes. the transit agency is untiling to use smarttrip cards. the commemorative passes will go on sale tomorrow at metro center and stations. the passes are good all day, but passengers can load more money onto them. coming up on "news4 at 5," adam tuss will have details on everything you need to know to get around on inauguration day. >>> news4 will cover every aspect. we'll be reporting live from the parade and swearing in. the coverage starts monday at 4:00 a.m. and continues all day. >>> taking a live look outside, sunshine is here, but so is the arctic air. >> it's cold out there. how cold about it be for the weekend? veronica johnson has details. how about that? >> not too bad for the weekend. the actual temperatures
economy hostage because republicans want what they call drastic spending cuts in programs like medicare. and so whether this distracts from the inaugural or not, it's at least something the without first said was a negative and notice claims might actually bea positive. i'm steve handelsman, news4. >>> thanks, steve. starting tomorrow metro will begin selling special passes. the transit agency is untiling to use smarttrip cards. the commemorative passes will go on sale tomorrow at...
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Jan 17, 2013
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in a statement released to nbc bay area, the hospital says it was hit hard by the economy. it says it eliminated unfilled positions and offered voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they were reportedly discussed behind closed doors. washington hospital gets funds from property taxes so it must follow the same public meeting laws as a city council. >>> it's 4:52 right now. if you like buzzer beaters, you're going to like this. laura garcia-cannon will like it too. we'll show you how st. mary's dead it. >>> and rumors that tiger woods may be reconciling with his ex-wife. >>> a wide view of the south bay but i'll show you the east bay coming up. >>> rumors swirling that tiger woods is trying to get back with his ex-wife. a prenup deal is worth more than half of his $600 million fortune. >> unbelievable. >> reportedly elin will consider this proposal if it includes a $350 million anti-cheating clause. how about that? the couple divorced in 2010 after tiger revealed he was a serial cheater
in a statement released to nbc bay area, the hospital says it was hit hard by the economy. it says it eliminated unfilled positions and offered voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they were reportedly discussed behind closed doors. washington hospital gets funds from property taxes so it must follow the same public meeting laws as a city council. >>> it's 4:52 right now. if you like buzzer...
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Jan 17, 2013
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some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after leaving western myanmar. they said they had no choice but to leave. >> the soldiers would take women and daughters and rape them and then turned them back the next day. we had no freedom. we could not go anywhere. we had to make our own future. >> myanmar is predominantly buddhist, and the muslim minority are largely seen as illegal immigrants from neighboring bangladesh. after fighting between bouterse and muslims last year, more than 100,000 left homeless. this was all happening at a sensitive time for thailand. it has been ranked as a tier 2 nation on the watch list for human trafficking. if it is ranked
some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after...
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Jan 16, 2013
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. >>> we are moments away from the fed's latest read on the economy. here is how the markets are doing. right now the dow lost its strength, down 23 point on the trading session. s&p is dead in the water all hour and nasdaq is actually up about 10 points on the trading session, ty? >> sue w, watch this story in algeria. that does it for "power lunch." thanks for joining us today. >> and "street signs" begins now with breaking news on the fed and economy. >> that's right, sue and tyler. we have boeing in crisis. we have housing on the mend and five-star stock picks. we've also got the very latest on a scary story in algeria where militants say they have taken 41 people hostage, include something americans, at a bp oil field. well get to that in a moment but let us get to breaking news for the fed and how they are performing and get to steve liesman. steve? >> the federal reserve district says economic growth is modest to moderate in all 12 districts. that's how we normally lead but that's not the most important. what is important is the talk about how f
. >>> we are moments away from the fed's latest read on the economy. here is how the markets are doing. right now the dow lost its strength, down 23 point on the trading session. s&p is dead in the water all hour and nasdaq is actually up about 10 points on the trading session, ty? >> sue w, watch this story in algeria. that does it for "power lunch." thanks for joining us today. >> and "street signs" begins now with breaking news on the fed and...
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Jan 17, 2013
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how will it affect the economy? we will hear from the man managing your money. also, ebay tells us how the company is cashing in on the red-hot transit after the company turns in their best earnings report ever. >>> and last but not least a rare and explosive interview with wells fargo chairman and ceo telling us us about another mortgage decline. we will see you in the last hour of the trading day. mandy, see you then. >> indeed we will. >>> looking like a tough quarter. john has three important numbers in this report. what are those three? >> with $13.6 mill billion, plus or minus a half billion. and so here are my three numberes. one, pc client group revenues. intel had 8.6 million in revenue. that group overall, expecting to be a little higher in q4 and that has to come from pcs or servers. pc sales are down 4.9% from last year. if that's right, you got to hope servers deliver big for intel. two full year gross margin guidance, with capex spending and particularly important now because of how demand shifts in the pc market. his intel plans running below capa
how will it affect the economy? we will hear from the man managing your money. also, ebay tells us how the company is cashing in on the red-hot transit after the company turns in their best earnings report ever. >>> and last but not least a rare and explosive interview with wells fargo chairman and ceo telling us us about another mortgage decline. we will see you in the last hour of the trading day. mandy, see you then. >> indeed we will. >>> looking like a tough...
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Jan 17, 2013
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there's still too much uncertainty, and there needs to be more clarify for the economy to take off. >> a really important point because i think businesses are, you know, shaping up and are currently in great shape in terms of cash on balance sheets. >> terrific. >> so they have the potential to put money to work, although that uncertainty factor is really keeping them from doing so. >> in fact, corporate balance sheets have never been better. liquidity, cash, we've grown 300 billion in core deposits in four years. you know, consumer balance sheets. even though the debt hasn't come down that much because interest rates are so low, the interest carries. the debt service is back to 1998 or 1990 so there's great capacity to invest, to hire, to grow, to buy things, but this uncertainty thing puts a real cloud on things otherwise people would do. they are putting them in abeyance. >> i'm going to get back to that. a real issue. want to get your take on solutions, but you mentioned interest rates and this low interest rate environment. you're putting your bet on growing net interest income.
there's still too much uncertainty, and there needs to be more clarify for the economy to take off. >> a really important point because i think businesses are, you know, shaping up and are currently in great shape in terms of cash on balance sheets. >> terrific. >> so they have the potential to put money to work, although that uncertainty factor is really keeping them from doing so. >> in fact, corporate balance sheets have never been better. liquidity, cash, we've grown...
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Jan 21, 2013
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> everybody was talking about the har-bowl. >> get used to that phrase. i'm already over it. some great games today, but we start with the redskins. london fletcher and ryan kerrigan are both headed to the pro bowl. they were both alternates but they'll make the trip next week to rhee place a few 49ers. as for the championship games today, it was the harbaugh super bowl. it's going to be that at least. both games live up to the hype. in the afc with the ravens and patriots. third quarter, joe flacco and company, down 13-7. second and goal. flacco finds his tight end for a five-yard touchdown. baltimore is up 14-13. flacco not done yet. next drive, goes right back down the field. this time hooking up with antoine boldin. that gives the ravens a 21 13 lead. flacco to boldin, this time from 11 yards out. he threw for three touchdowns and the ravens win 28-13. they're back in the super bowl since they won it in 2001. and ra
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> everybody was talking about the har-bowl. >> get used to that phrase. i'm already over it. some great games today, but we start with the redskins. london fletcher and ryan kerrigan are both headed to the pro bowl. they were both alternates but they'll make the trip next week to rhee place a few 49ers. as for the championship...
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Jan 18, 2013
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this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robinson, and usher. >>
this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses...
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Jan 17, 2013
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 17, 2013
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, s
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing...
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Jan 17, 2013
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 17, 2013
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it will be especially good for the economy. >> good to see you, mr. tisch. thank you. >>> we're going to go to bert that coombs for a market flash. take it away. >> thanks, tyler. the teen retailer, bmo is out with a flash note saying it looks like the company is finally getting serious to turn things around. they want to focus on the expertise of some of the new management and also to try to capture that teenage mind not with key items, tyler, but the whole outfit. everybody likes to see the whole shebang. >> i like the outfits. >>> lance armstrong revealing all on oprah, including he is manti te'o's girlfriend. how much of a hit will the armstrong brand take? stay with us. lance. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. omnipotent of opportunity. you know how to mix business... with business. and you...re
it will be especially good for the economy. >> good to see you, mr. tisch. thank you. >>> we're going to go to bert that coombs for a market flash. take it away. >> thanks, tyler. the teen retailer, bmo is out with a flash note saying it looks like the company is finally getting serious to turn things around. they want to focus on the expertise of some of the new management and also to try to capture that teenage mind not with key items, tyler, but the whole outfit....
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Jan 17, 2013
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and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j.p. morgan and goldman sachs. i think they will probably be
and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying...
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Jan 21, 2013
01/13
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WRC
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we can expect that he certainly will talk in his address about continuing to build the economy, about the need for cutting the deficit and we know, too of his main legislative issues that he wants to strike on are both immigration and gun violence. let me tell you, star studded performers coming to the stage here today. beyonce will be here singing the national anthem. kelly clarkson will be here and james taylor will be singing america the beautiful. really nice moment here yesterday during the rehearsals. he came out, james taylor came out to rehearse and the tabernacle choir, they were up on the steps and he paid a little visit to them. they were applauding. their big moment comes later today when they'll be performing for the millions who will watch this inaugural ceremony. reporting live from the capitol, julie carey, back to you. >> julie thanks so much. >>> you won't see much grass on the front yard today. there were huge plastic panels put down that will cover much of the green. this is to protect the muly planted grass there. the park service spent $16 million over the past y
we can expect that he certainly will talk in his address about continuing to build the economy, about the need for cutting the deficit and we know, too of his main legislative issues that he wants to strike on are both immigration and gun violence. let me tell you, star studded performers coming to the stage here today. beyonce will be here singing the national anthem. kelly clarkson will be here and james taylor will be singing america the beautiful. really nice moment here yesterday during...
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Jan 18, 2013
01/13
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can you not have a couple of people in one room who are going to get your economy right. you need to get the incentives right and need to have the information disbursed. let's talk about the bank regulation part first. i think a lot of what we saw was one a factor of who was on the fed. you had a bunch of academics as cramer mentioned earlier, didn't have that many people who knew about banking, a lot of information coming from wall street. investment banks look a lot different than commercial banks, a lot of different things going on in the sectors so you didn't even have people at the table who really had a sense of what was going on at the economy so i would feel much more comfortable if we take banking regulation and give it to the bank regulators because ultimately i think a lot of the bailouts were about the mistakes made the new york fed, mistakes made at the fed board and they were using bailouts to cover up their own mistakes. aig, all of these cdss were done because the bank approved of cds to create bank capital. they create that had mistake. we can argue wheth
can you not have a couple of people in one room who are going to get your economy right. you need to get the incentives right and need to have the information disbursed. let's talk about the bank regulation part first. i think a lot of what we saw was one a factor of who was on the fed. you had a bunch of academics as cramer mentioned earlier, didn't have that many people who knew about banking, a lot of information coming from wall street. investment banks look a lot different than commercial...
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Jan 18, 2013
01/13
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. >> timothy geithner says americans are too -- he says the economy is in the final quarter of recovery from the financial crisis. geithner tells the wall street journal the u.s. was well ahead of other countries in balancing debts, income and cutting leverage and the financial system. geithner says the u.s. has more diversity of strength from high tech to energy and the public should find comfort and optimism in that. here's a reason to be optimistic. mortgage rates are falling back toward record lows. freddie mac says the average rate dipped to 3.38% from 3.4% last week. the 30-year average of 3.6% in 2012 was the lowest annual average in 65 years. guys, cheaper mortgages are a major reason the housing market has been bouncing back. many economists believe the recovery was strengthened throughout the year. >> shartia brantley. thank you. >>> now to a house that, it had a mortgage, the monthly payment would be more than a million dollars. talk about a prime piece of real estate. the white house is worth nearly $300 million. zillow released its calculation of how much the white house wo
. >> timothy geithner says americans are too -- he says the economy is in the final quarter of recovery from the financial crisis. geithner tells the wall street journal the u.s. was well ahead of other countries in balancing debts, income and cutting leverage and the financial system. geithner says the u.s. has more diversity of strength from high tech to energy and the public should find comfort and optimism in that. here's a reason to be optimistic. mortgage rates are falling back...
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Jan 15, 2013
01/13
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 20, 2013
01/13
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WJLA
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪ >> one event that attracted a big crowd today in prince george's county. the pop-up art showed case was held at national harbor. our own cynne simpson was was on hand to host the event. several hundred people enjoyed works of arts and good food. it was free. ♪ ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print and have it picked up for free. any time of year. ♪ ♪ nice sweater. thank you. ♪ ♪ i got it when we could download an hd movie in like two minutes. [ male announcer ] once you've got verizon fios internet, you get it -- the difference 100% fiber optics makes. but don't take our r word for it -- ask a real fios customer. ask me why fiber optics matrs. ask me about the upload speeds -- they're sick! [ male announcerer ] so go online and send a tweet to a realios customer. last chance to get
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪ >> one event that attracted a big crowd today in prince george's county. the pop-up art showed case was held at national harbor. our own cynne simpson was was on hand to host the event. several hundred people enjoyed works of arts and good food. it was free. ♪ ♪ aww man. [ male announcer ] returns are easy with free pickup from the...
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Jan 17, 2013
01/13
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FOXNEWS
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the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those jobs. what do you think? >> i think overall people are gibbing to see that unions are out to help union worker but very often at the expense of nonunion works and that's where we're getting in trouble. the american public at large is overwhelmingly moving sort of -- public support is moving against unions, gallup found that 42% would like to see unions be less influential. they feel at if there are negotiations going on for union workers but they come at a cost for all workers, creating less opportunity for all workers and for the economy at large. what is the message. you say lab you wins every time. union
the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those...
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Jan 18, 2013
01/13
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they have a plan now to reflight the economy. they are printing a lot of money. 2% is the inflation rate they want. why is that not going to help the japanese economy. many people think it will. >> i think if you study the situation deeply, you see that japanese debt is about 24 times central government tax revenues. when you get into that, when you sail into that zone of insolvency, nothing you can do can help, in my opinion. they would have imploded under their own weight a few years down the road. now they talk about targeting 2% inflation. they don't realize it will force them to explode sooner. >> your criticism is well known, even to japanese ministers of finance, i would argue. >> first of all, when you think about a crisis, 99.9% of the people get it wrong. when you think about 20 years of the procycal cality, the owner ship of bonds of japan is the institutional community. they buy the bonds because they have 28 basis points of yield on the five-year and 70 on the ten. the only way you invest on a bond like that is if th
they have a plan now to reflight the economy. they are printing a lot of money. 2% is the inflation rate they want. why is that not going to help the japanese economy. many people think it will. >> i think if you study the situation deeply, you see that japanese debt is about 24 times central government tax revenues. when you get into that, when you sail into that zone of insolvency, nothing you can do can help, in my opinion. they would have imploded under their own weight a few years...
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Jan 13, 2013
01/13
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now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all right, you're talking about the center or for disease control. but i want to know, why is it so bad, doctor? why is it as bad as it is? are these shots not working? is it a different strain of flu that's grown? >> yeah, couple of things. this particular flu strain, h3n2, is associated with more complications than previous strains of the flu. sometimes people who initially have flu symptoms and then actually get worse a couple of days later may have a superimposed bacterial fection. the second reason is that even though there is, you know, relative availability of the flu sho
now the flu is threatening to make an already-sick economy even weaker. we've got business owner, toma here on the medical and financial hit respectively. doctor, to you first. how bad does this get? >> this bug is going to cost big bucks. the last time wead a flu epidemic like this it cost us about $100 million in lost days, $7 billion in lost compensation, and the cdc is projecting that just the direct medical costs alone from this flu epidemic could cost over $10 billion. neil: all...
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Jan 17, 2013
01/13
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KGO
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last year and stock prices fell today when the world bank warned washington debt battle could put the economy at rigs being. boeing fell 2% in after hours trading after faa grounded dream liners. and apple stock went up 4%. >> a veteran actor spent golden years here in the bay area has died. he was best known for the role in "diff'rent strokes", playing a wealthy white widower raising two sons of his african american housekeeper. a native of canada he had a long career in the movies and stage a cording to his daughter he died at home in livermore. conrad bain >>> a coalition of consumer groups is asking the federal government to take a look at the lending practices of san francisco based wells fargo bank. >> that is right. they're concerned about a program they claim is like a pay day loan product. >> michael finney is here now with a story of a woman comparing her experience to a debt trap. >> yes this, wells fargo prefers to call the program a direct deposit advance, charging 1 path $50 for every $20 borrowed. your loan must be paid in full when the next check arrives. the fee on the loan i
last year and stock prices fell today when the world bank warned washington debt battle could put the economy at rigs being. boeing fell 2% in after hours trading after faa grounded dream liners. and apple stock went up 4%. >> a veteran actor spent golden years here in the bay area has died. he was best known for the role in "diff'rent strokes", playing a wealthy white widower raising two sons of his african american housekeeper. a native of canada he had a long career in the...
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Jan 18, 2013
01/13
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> a rally on wall street and exact change. some bank customers will soon have that option at atms. lauren simonetti is live with this morning's business beat. happy friday to you. >> happy friday. we made it. >> let's talk about the markets. the stock rallied on thursday. >> partying like it is 2007. take a look at the s&p 500 t closed at its highest level in five years, 1481. if you tax alook at the dow, it did hit a five-year high, fail to close there. off by just 14 points. so the market is on fire. you have to ask yourself are we optimistic or just plain old stupid inform you look at the economy, no one feels like it is as good as the stock market is doing. >> i really would love to be able to go to an atm if i was out shopping. and get maybe $5 or $7. >> they are opening up thousands atms across the nation that will dispense $1 and $5 bills, some even giving you coins. you know, you need $45, right but the atm will
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> a rally on wall street and exact change. some bank customers will soon have that option at atms. lauren simonetti is live with this morning's business beat. happy friday to you. >> happy friday. we made it. >> let's talk about the markets. the stock rallied on thursday. >> partying like it is 2007. take a look at the...
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Jan 18, 2013
01/13
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CNBC
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president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while analysts were determined to tell you the housing is about to go tepid. numbers don't fit into the scenario, not a negative one and that's the story of the market right now the bullish facts are getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one -- sell, sell, sell! this feels like a moment like the mid-1980s where the bulls are in control, ala boeing
president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing...
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Jan 17, 2013
01/13
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FBC
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economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned two americans are on their way to london. bp is pulling nonessential personnel out of algeria. details here still very fluid. there is a lot of conflicting reports out there. here to help us sort it out, john bolton, former ambassador to the united nations. he is also a fox news contributor. i want to start out, can you put this in perspective for us. how big of a deal is it to the u.s.? >> i think we should consider it very significant. even though it is in algeria a long way away. when you combine it with the hostilities in mali, the fact t
economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
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both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal benefits welfare under any euphemism have to work on the books and such so as not to displace an american worker and not be a bigger burden on our financial system though they already have it already inside the possibility some people may need some of those benefits because they're operating below the poverty level or they have children in school and you would call a public education a benefit i would and i would consider call it a right but you know are you making the case let's put them on the books let's let's no no no the minimum wage at the very least you know pay them pay them living wages wel
both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal...
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Jan 14, 2013
01/13
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>> it has to do a little bit with global economy. the problem is they are running out of rich people who can afford this phone globally. they got the market dominated. disposable income. what happens they have the u.s. market locked up. there is a lot of competition from samsung phones, but the other part of the globe is emerging markets. they are not laying out $700 for a phone through the plan like you do in america. european people can afford these phones but there is not going to be a lot of growth. asian countries, they will take a knockoff if it is cheaper. you have seen recently apple launch the mini. it's cheaper than the ipad. there is a rumor they may launch a hundred dollar phone, but for china markets. >> neil: kim, is this going beyond apple or what do you think? >> i think the overall sales. the reality in this country and probably others but if you forget your lunch for the day you may not go back for your lunch but i bet everybody goes back for their phone. technology is not going anywhere and top tiered market looks
>> it has to do a little bit with global economy. the problem is they are running out of rich people who can afford this phone globally. they got the market dominated. disposable income. what happens they have the u.s. market locked up. there is a lot of competition from samsung phones, but the other part of the globe is emerging markets. they are not laying out $700 for a phone through the plan like you do in america. european people can afford these phones but there is not going to be a...
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Jan 16, 2013
01/13
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>> it's going to affect the availability of various types of seafood, which, of course, impacts the economy on a very large scale in our area. >> reporter: does that continue to concern you? >> oh, absolutely. yeah. i think the effects we're seeing now are just the beginning. >> reporter: there are also worries over rising sea levels. in nearby huntington beach, the tide now comes up farther inland. >> along the california southern coast we've experienced an eight-inch rise in sea level already. it's nothing we can continue to deny. >> reporter: the u.s. government predicts sea levels will rise between 1 and 4 feet by the next century. bigad shaban, cbs news, long beach, california. >>> when we come back on this wednesday, lifting spirits with a song. students from sandy hook elementary school gather for a special recording. ( birds chirping ) everything's better with a great cup of coffee. exceptionally smooth and perfectly balanced for a harmonious blend of flavor, body and aroma. green mountain coffee for your keurig brewer. brew a better day. crashes into a crane during the morning rush
>> it's going to affect the availability of various types of seafood, which, of course, impacts the economy on a very large scale in our area. >> reporter: does that continue to concern you? >> oh, absolutely. yeah. i think the effects we're seeing now are just the beginning. >> reporter: there are also worries over rising sea levels. in nearby huntington beach, the tide now comes up farther inland. >> along the california southern coast we've experienced an...
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Jan 16, 2013
01/13
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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Jan 18, 2013
01/13
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economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as can you see on the the impending so-called sequestering, which i believe kicks in sometime in the next six weeks or so. and then in late march, on the idea that the government will run out of money. there will be no authorization to spend anything more and the government could functionally shut down. is that involved here at all? >> not in a formal sense. but of course all of this is linked together, what the spending plans are to come up with cuts to avoid the budget sequester which neither party wants because it affects it in is indis
economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as...
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they won't be asking for the public option maybe they want to do in these kinds of things so that the economy grows or as a lever that i'm slightly i'll leave you with the last word thank you very much for the kids. coming up the phone lines are now open for our your take my take a live segment so if you want a chance to ask me a question live on the big picture give it give us a call to a tune i know for twenty one thirty four i got to talking with you after the. elections. you know how sometimes you see a story and it seems so for life you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. not your asian day of the ball much more than a point about taking a closer look at president obama's second term be even more true and even more invasions of our privacy can end monday january twenty first as the exam and bottom line for the president only on a.
they won't be asking for the public option maybe they want to do in these kinds of things so that the economy grows or as a lever that i'm slightly i'll leave you with the last word thank you very much for the kids. coming up the phone lines are now open for our your take my take a live segment so if you want a chance to ask me a question live on the big picture give it give us a call to a tune i know for twenty one thirty four i got to talking with you after the. elections. you know how...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report. in screwed news last year the federal government spent a whopping eighteen billion dollars on the failed war on illegal immigration that's more than every other federal law enforcement agencies spent last year combined that's also eighteen billion dollars that could have been put to better uses like helping to rebuild our struggling economy so it should come as good news that according to new york times the obama administration will continue its calls for comprehensive immigration reform which includes provisions for high skilled workers students and a pathway to citizenship for immigrants who achieved legal status of course many republicans aren't happy about the administration's plans but it looks like president obama might get some help from an unlikely source evangelical religious leaders some of of america's most popular evangelical pastors and religious leaders launched a new campaign today to support immigration reform an
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report. in screwed news last year the federal government spent a whopping eighteen billion dollars on the failed war on illegal immigration that's more than every other federal law enforcement agencies spent last year combined that's also eighteen billion dollars that could have been put to better uses like helping to rebuild our struggling...
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Jan 16, 2013
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how important to your economy and pennsylvania is the fracking shale revolution? it is extremely important and we put an impact fee on the shale. we picked up $204 million rather than put taxes whose impact fee into the community. it has allowed the industry itself to hire people. there are related companiy ies t hire people. and you know the phrase the necessity is the mother of invention. a lot of inventions are being developed but the energy itself allows businesses across the state to grow. a lot of companies in south eastern pennsylvania and philadelphia are going to be using it to power the refineries, it is looking and hopefully will build a facility that will take the ethonol and take ethanes they are paying around $80,000. the average workforce is $47,000. >> why is the governor still waiting? >> i know what is going on. i know there are a number of people that used to be opposed to it. a lot of them have changed here. but there are a certain group that are opposed to it. but i remind many people we follow it closely and it is a technology that has been u
how important to your economy and pennsylvania is the fracking shale revolution? it is extremely important and we put an impact fee on the shale. we picked up $204 million rather than put taxes whose impact fee into the community. it has allowed the industry itself to hire people. there are related companiy ies t hire people. and you know the phrase the necessity is the mother of invention. a lot of inventions are being developed but the energy itself allows businesses across the state to grow....
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Jan 17, 2013
01/13
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CSPAN
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what it takes to sustain mobility, the economy, society. we can't ignore one by taking care of the other. there has to be a package deal. the simpson-bowles commission recognized it had to be part of the package. you have to demand that transportation be part of this overall solution that is put together and get into whether ideas have a better chance of enactment. but what our stance is, if you simply go to the republican caucus and say, let's raise taxes, they'll throw you out of the room. but if you go to them with a proposition, can we reduce the deficit of $150 billion? can we make the program pay its own way and can we sustain jobs and the solvency of the highway trust fund all in one, i think we'll have something to go on. again, thank you so much for the cary award. we value this and i appreciate the recognition and we want to commitment our -- continue our commitment to research and debate opportunity to share with you the thoughts on this idea. what you heard the secretary say is tony, jack and i are headed out the door. jack and
what it takes to sustain mobility, the economy, society. we can't ignore one by taking care of the other. there has to be a package deal. the simpson-bowles commission recognized it had to be part of the package. you have to demand that transportation be part of this overall solution that is put together and get into whether ideas have a better chance of enactment. but what our stance is, if you simply go to the republican caucus and say, let's raise taxes, they'll throw you out of the room....
176
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Jan 17, 2013
01/13
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KRON
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this is a big part of our economy. people feel more and wealthier when their home is doing well. >> let's talk about bowling. to this is dominating the headlines. we have already had japan ground their planes and now york. ethiopia is starting to the ground theirs as well. what is the situation with bowling? >> and boeing is one of those companies that is one of the greatest. they are almost like dale. this is a japanese battery maker and this seems to be the biggest problem. death a a burly cleared the plan is two months ago and worldwide regulators are ground the planes. i do not like this because there's too much of a chance of recalls. short- term, boeing is a risk. but they will not go out of business and the plane will figure out its problems. you probably wil >> thank you rob. we will be visiting with you a began talking about the winners and losers later. the >> we're taking a look at van ness ave. >> we have several spots in the upper 20s. it is clear conditions for most of us perry ed it is patchy frost and t
this is a big part of our economy. people feel more and wealthier when their home is doing well. >> let's talk about bowling. to this is dominating the headlines. we have already had japan ground their planes and now york. ethiopia is starting to the ground theirs as well. what is the situation with bowling? >> and boeing is one of those companies that is one of the greatest. they are almost like dale. this is a japanese battery maker and this seems to be the biggest problem. death...